Bitcoin (BTC)

Bitcoin’s price has taken a sharp downturn, crashing below $90,000 after failing to hold key support levels. The decline marks a continued struggle to maintain momentum, pulling BTC further away from the highly anticipated $100K milestone.

One major factor driving the drop is the behavior of short-term holders (STHs), who are showing signs of increased selling pressure as market sentiment shifts.

Short-Term Holders Increase Sell Pressure

The Spent Output Profit Ratio (SOPR) for short-term holders is struggling to reclaim the bullish 1.0 threshold. Staying above this level indicates profitability and confidence among traders. However, its failure to do so suggests rising sell pressure.

If the SOPR remains below 1.0, more short-term holders may liquidate their positions, potentially leading to further losses. Historically, STHs are quick to sell in volatile conditions, accelerating downward trends.

Bitcoin Exchange Outflows Remain Low

Despite the price drop, Bitcoin outflows from exchanges remain relatively low. In the last 24 hours, only 157 BTC worth $14 million left major exchanges. This suggests that while prices are falling, many investors are holding onto their assets instead of panic selling.

This hesitation to sell could indicate a potential market stabilization, as traders wait for signs of a reversal before making further moves.

Bitcoin Faces Key Support at $87K

At the time of writing, Bitcoin is trading at $88,449, its lowest level since November 2024, following an 8% drop in the past 24 hours.

BTC has now lost its downtrend line support, which had held for over a month. The next major support sits at $87,041. If Bitcoin maintains this level, a bounce-back could be possible.

To confirm a recovery, Bitcoin needs to break resistance at $89,800 and push toward $92,005. However, if BTC falls below $87K, the sell-off could intensify, sending prices toward $85K and extending the bearish trend.

Final Thoughts: Is a Recovery Coming?

Bitcoin’s recent decline highlights short-term holder sentiment and market uncertainty. While some traders continue to sell, the lack of massive exchange outflows suggests that many are still holding out for a rebound.

The next few days will be critical. If Bitcoin defends $87K, a recovery could be on the horizon. But a drop below this key level could mean further downside for investors.

At the start of February, Bitcoin was trading at $102,398.17 but has since dropped 5.77%. In contrast, January saw a 9.54% surge, leading to higher profits for large BTC holders. Reports now suggest Bitcoin whales—those holding 10 to 10,000 BTC—have realized fewer gains this month.

Let’s break down what’s happening and what it means for the market.

January’s Big Profits—Why the Sudden Change?

January 2025 was a highly profitable month for Bitcoin whales. The year started with BTC at $93,569.38, climbing 9.25% in the first week. After a brief 9.46% drop, Bitcoin rebounded 14.61%, reaching a high of $109,603.27 on January 20.

By the end of the month, BTC settled between $99,995 and $106,190, marking a 9.54% overall increase. Given this price action, many large holders likely took profits during the surge.

However, February has been a different story.

Bitcoin Holds Strong Above $90K Despite Lower Whale Profits

Despite reduced profits for Bitcoin whales in February, BTC prices have remained relatively stable.

• February 1-2: BTC dropped 4.68%, briefly touching $91,235.33.
• February 5: The price rebounded, fluctuating between $98,305.18 and $95,666.64.
• Current price: BTC stands at $96,472.30, staying within this range.

This stability suggests whales are not aggressively selling, even with lower profits. Instead, they may be adjusting their market strategy.

Are Bitcoin Whales Changing Their Strategy?

With BTC holding above $90,000, it seems large investors are choosing long-term confidence over short-term profit-taking. Instead of mass selling, whales may be accumulating or waiting for a better opportunity.

If this trend continues, Bitcoin could maintain strong price levels and potentially gear up for another rally.

Final Thoughts

Bitcoin whales have seen lower profits in February, but BTC remains stable. If they continue holding rather than selling, we could see strong price support and potential upward movement in the coming months.

Do you think Bitcoin will break past $100K again soon? Let us know in the comments!

Bitcoin struggles to break $100K but remains one of 2024’s top-performing assets. Will BTC finally push past this key resistance?

Bitcoin Holds Strong Near $100K Resistance

Bitcoin has faced strong resistance at the $100,000 level this month, experiencing volatility without a decisive breakout. Despite this, it remains one of the best-performing assets of the year and could soon resume its upward trajectory.

Bitcoin Investors Stay in Profit

While altcoins—especially ERC20 tokens—have seen heavy sell-offs, Bitcoin has held its ground. This relative stability signals strength, even as the broader crypto market struggles with adoption and positioning challenges.

Bitcoin’s ability to maintain its position suggests that it could lead the next market rally once investor sentiment improves.

Whales Accumulate as Retail Traders Exit

One key indicator of Bitcoin’s long-term strength is the declining number of non-empty wallets. The metric has hit its lowest level in two months, suggesting that smaller traders are exiting due to market fears.

Historically, when retail participation drops, large investors (whales and sharks) accumulate BTC. This often sets the stage for a future price surge, as these players have the capital to drive the market higher.

Bitcoin Price Outlook: On Track for $100K?

Bitcoin has remained above its uptrend line for the past two months, except for a brief dip last month. Currently, BTC trades at $96,177, holding above the critical $95,869 support level.

• Bullish Scenario: If Bitcoin maintains this support, it could soon break above $100,000, marking a major milestone.
• Bearish Scenario: A drop below $95,869 could push BTC down to $93,625, invalidating the current bullish outlook.

With strong investor backing and macro momentum in its favor, Bitcoin appears well-positioned to make another attempt at $100K in the coming days.

Bitcoin has failed to reclaim $100,000, facing repeated rejections. While investor sentiment remains cautious, new buyers are entering the market. Can BTC recover?

Bitcoin Faces Resistance at $100K

Bitcoin’s price has struggled to break above $100,000, facing sharp pullbacks each time it nears this level. Despite these challenges, BTC remains resilient, holding above key support zones.

While long-term holders show signs of doubt, new investors are accumulating BTC at lower prices, using the dip as a buying opportunity.

Investor Sentiment Turns Bearish

🔻 Fear & Greed Index Signals Uncertainty
Bitcoin’s Fear and Greed Index has dropped into the Fear zone, a rare occurrence since October 2023. This suggests growing hesitation among investors, with many waiting for clearer signs of recovery before making moves.

⚠️ Why This Matters:
✔ A prolonged stay in the Fear zone may limit Bitcoin’s short-term upside.
✔ Without renewed optimism, BTC could struggle to gain momentum for a breakout.
✔ Traders may hesitate to buy or sell, keeping Bitcoin in a consolidation phase.

New Investors Enter the Market

📈 Adoption Rate Shows Growth
Bitcoin’s adoption rate—which tracks new address activity—has climbed to 44%. This signals increasing interest from first-time investors, even as market conditions remain uncertain.

💡 How This Could Help BTC:
✔ New investors buying at lower prices could fuel a long-term uptrend.
✔ Rising adoption often precedes major rallies.
✔ Fresh capital entering the market could boost demand, offsetting bearish sentiment.

If this trend continues, it may provide Bitcoin with the momentum needed to reclaim $100K.

Bitcoin Price Prediction: Can BTC Break $100K?

📌 Current Price: $97,548
📉 Bearish Scenario: If BTC falls below $95,869, selling pressure could increase, delaying recovery efforts.
🚀 Bullish Scenario: Holding above $95,869 could support a move toward $100K. A breakout above $100K could flip this level into new support, signaling further gains.

A decisive push past $100K could restore confidence, setting the stage for new highs.

Key Takeaways

✔ Bitcoin struggles to break $100K but holds key support.
✔ Fear and Greed Index signals investor uncertainty.
✔ New adoption is rising, with fresh investors entering the market.
✔ BTC must break $100K resistance to confirm a bullish trend.

The next few days will be crucial in determining whether Bitcoin breaks out or remains trapped in consolidation.

Bitcoin remains under $100,000, but shifting macroeconomic trends suggest a potential breakout. Will increased liquidity fuel the next bull run?

Bitcoin Struggles Below $100K, But Change May Be Coming

Bitcoin has remained below the $100,000 mark since early February. Currently trading at $96,920, the cryptocurrency has dropped 7% in the past week.

However, recent macroeconomic shifts hint at a possible trend reversal. Increased liquidity in financial markets could drive new demand for BTC, pushing prices higher.

Fed’s RRP Drop Could Fuel Bitcoin’s Price Surge

The Federal Reserve’s Reverse Repurchase Agreement (RRP) facility has fallen to its lowest level in 1,387 days. This indicates a potential shift in liquidity flow, which could impact Bitcoin.

The RRP allows banks and financial institutions to park excess cash with the Fed in exchange for Treasury securities. A decline in RRP balances suggests that institutions are moving funds into riskier assets, including cryptocurrencies like Bitcoin.

With more cash entering the financial system, Bitcoin could see increased demand as investors seek alternative stores of value.

Bitcoin Traders Stay Bullish Despite Market Dip

Despite recent price struggles, Bitcoin traders remain optimistic.

✅ Positive Sentiment: Bitcoin’s weighted sentiment remains bullish, indicating that investors expect a price rebound.
✅ Funding Rate Supports Uptrend: BTC’s funding rate in derivative markets is 0.0088%, suggesting that more traders are betting on long positions.

A positive funding rate means buyers are paying sellers, signaling increased demand for Bitcoin. If this trend continues, BTC could see strong upward momentum.

BTC Price Prediction: Will Bitcoin Finally Break $100K?

If Bitcoin’s demand rises due to increased liquidity inflows, its price could break past the $100,000 resistance and attempt a run toward its all-time high of $109,356.

🔹 Bullish Scenario: A breakout above $100K could trigger a new bull run, bringing Bitcoin closer to record highs.
🔹 Bearish Scenario: If demand weakens, BTC could fall to $92,325, extending its recent decline.

For now, traders should watch for a break above $100K, which could signal the next major rally.

Key Takeaways

📌 Bitcoin remains under $100K but could rally due to increasing liquidity.
📌 Fed’s RRP drop suggests institutions may move funds into crypto.
📌 BTC sentiment remains bullish, with traders betting on higher prices.
📌 A break above $100K could trigger Bitcoin’s next bull run.